For our upcoming October Meeting, Don LaPenna will be speaking on the changing market of retail agencies and the effect of large brokerages purchasing them.
Some of the information that Don will share is:
- Public Broker Evaluations
- Organic Growth Rates
- Recent Deal Activity
- Who is Buying
- The Future
- and more…
After the meeting, we will share Don’s power point and other information that he shared.
Don has over 30 years of experience as an independent insurance agent. He began his career at the agency in 1983 under the tutelage of Donald F. LaPenna, Sr. Throughout the years, he has developed comprehensive insurance and risk management programs for national and regional clients. In July of 2013, Don entered into a contract with AssuredPartnes of New Jersey to sell 100% of the stock of Donald F. LaPenna Associates, Inc. to AssuredPartners. Since that point, Don has continued to run the agency for AssuredPartners in central New Jersey and in a planned expansion, AssuredPartners has added 5 additional agencies to the operation and the agency revenue has more than doubled in the last 4 years.
Don has recently served as President of the Professional Insurance Agents Association of New Jersey and has received Director of the Year Award from the Professional Insurance Agents of New Jersey. He has also been recognized as one of the Top Producers of 2017 in Insurance Business Magazine. Don is involved in several charitable organizations and has served on served as a board member and officer of the Union County Red Cross and the Central NJ Juvenile Diabetes Foundation.
Download the report Don Mentioned by Clicking the Link Below!
If you would like to reach Don, here is his contact information:
20 Commerce Drive, Suite 303, Cranford, NJ 07016